102
102
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 102
favorite 0
quote 0
what speaker boehner's done is create a situation in which we're going to go over the fiscal cliff. but the people who want higher taxes, the democrats, they're not going to be blamed for it. after all, it was john boehner who walked away from negotiations to try plan "b" last week. then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john boehner has done here is a debacle for the republicans. and the white house, they've just been sitting back the last week or so and letting it happen. but today, they gave us their plan going forward. you could call it deal and jam. >> i'm optimistic we may still be able to reach an agreement that could pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time, between senator reid and senator mcconnell, than i will urge senator reid to bring to the floor a basic package for an up or down vote, one that protects the middle class f
what speaker boehner's done is create a situation in which we're going to go over the fiscal cliff. but the people who want higher taxes, the democrats, they're not going to be blamed for it. after all, it was john boehner who walked away from negotiations to try plan "b" last week. then it was john boehner who planned to pass plan "b" that very same week. then it was mr. boehner who said it was up to the senate, someone else's problem. just from a pr perspective, what john...
229
229
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 229
favorite 0
quote 0
cliff deal done. but now republicans are asking from where? we're going to talk to republican senator bob corker next on "morning joe." i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. ♪ >>> live look at the white house as the sun comes up over washington. it is 15 minutes past the hour. welcome back to "morning joe." we're here today because there's no deal and we are hours away from the fiscal cliff. here with us now, republican senator from tennessee and member of the senate banking committee, senator bob corker. senator, thanks for being on the show. we a
cliff deal done. but now republicans are asking from where? we're going to talk to republican senator bob corker next on "morning joe." i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to...
197
197
Dec 30, 2012
12/12
by
WUSA
tv
eye 197
favorite 0
quote 0
cliff, and most of the conversation has been about taxes and the white house has done an excellent job, by dealing with the house, and all the messaging today and the weekend about how this is about republican intransigence on taxes. we have seen that. there is as much gap 20 president and his party in congress on spending cuts as there is between john boehner and his caucus on taxes. there is great distance in how far that party has to go to come together to do the kind of entitlement cuts that we still need to see at some time, whether this month or this year or next year. there's a long way to go. they have never been as close as people think on this topic. >> o'donnell: that's interesting, you're saying in terms of messaging the white house has done a good job in keeping this-- >> brilliant. right on taxes. on spending, every time the white house suggested a little bit of spending cuts, social security, med character immediately the democratic caucus said no. >> o'donnell: isn't that the thing about the boehner deal the president said this morning, he was willing to go father on sp
cliff, and most of the conversation has been about taxes and the white house has done an excellent job, by dealing with the house, and all the messaging today and the weekend about how this is about republican intransigence on taxes. we have seen that. there is as much gap 20 president and his party in congress on spending cuts as there is between john boehner and his caucus on taxes. there is great distance in how far that party has to go to come together to do the kind of entitlement cuts...
271
271
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 271
favorite 0
quote 0
does it appear that work is done or of course talking about fiscal cliff and done to three, four, five, sometimes two men talking in a room. so are you busy, working or still thinking you shouldn't be there maybe right now? >> we are not doing anything. we have to be here because if there is an agreement then we have the responsibility to vote on it but as far as what we're doing, this is the real exciting part of my day right now talking to you. >> sir, that's remarkable and i know you're joking and grinning but to american people waiting and wondering about their paycheck for the next day, two, week, month and to hear a member of congress to say we're here and doing nothing, that's hard to register. >> i agree with them. this is an indictment of congress that we have come to this state and where the function that most members of congress have is to simply be on hand so that in the event the negotiators reach agreement we can ratify or reject it but the fact to december 31st, new year's day and all of us should be with our families and america have some confidence that congress does h
does it appear that work is done or of course talking about fiscal cliff and done to three, four, five, sometimes two men talking in a room. so are you busy, working or still thinking you shouldn't be there maybe right now? >> we are not doing anything. we have to be here because if there is an agreement then we have the responsibility to vote on it but as far as what we're doing, this is the real exciting part of my day right now talking to you. >> sir, that's remarkable and i know...
117
117
Dec 30, 2012
12/12
by
WBAL
tv
eye 117
favorite 0
quote 0
it will matter quite a bit whether or not they are able to get a fiscal cliff deal done in the near future. somebody clears the decks to do other things, things that might not be quite as either controversial or may not matter as much to the economy. so if you have a long fight over immigration, that's not a great thing but it's better than having a fight that leads to a debt ceiling default. the question is whether or not they are able to move past this in a way that allows for making agreements going forward or whether or not we end up in the essentially endless series of smaller fiscal cliffs this year. things get pushed forward for two weeks, two months, three months at time and another debt ceiling in early 2013. if that's the case, there's going to be a lot more uncertainty and the structure will be there a lot more, very angry, tense, bitter, 11th hour negotiations going forward. >> mike, what sectors or injuries are you watching in 2013? >> i think what's interesting is that the housing revival has obviously been embraced by wall street. a lot of direct housing related stocks have
it will matter quite a bit whether or not they are able to get a fiscal cliff deal done in the near future. somebody clears the decks to do other things, things that might not be quite as either controversial or may not matter as much to the economy. so if you have a long fight over immigration, that's not a great thing but it's better than having a fight that leads to a debt ceiling default. the question is whether or not they are able to move past this in a way that allows for making...
93
93
Dec 27, 2012
12/12
by
FBC
tv
eye 93
favorite 0
quote 0
talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was onto this first talking about the falloff of volume in november, but it has really continued. take a look at what the normal average volume is and where we are today. by the way, out at the exxon mobil refinery, and caught this caught by the way, is one of the nation's newest refineries. a little news out here as we speak today. they have to report this to the federal government because -- liz: we are having some technical difficulties with jeff flock. working on a solution to the debt crisis. first, some of today's winners, s&p. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open b
talk about what the impact of the fiscal cliff has done to the oil market. take a look at oil prices today. since christmas, we are up about 3%. take a look at the volume. if you look at the volume of trading, and "wall street journal" was onto this first talking about the falloff of volume in november, but it has really continued. take a look at what the normal average volume is and where we are today. by the way, out at the exxon mobil refinery, and caught this caught by the way, is...
175
175
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 175
favorite 0
quote 0
>> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by early january definitely a possibility. the economic impact should be minim minimal. if one comes later than that the damage to the economy is already done and you will see more talk of recession and analysts started cutting the earnings growth in the fourth quarter. >> one thing they don't like is uncertainty. apple released a new product and there will be another new product. >> now that you got them under the christmas tree. a man who has been right predicting apple products before a 5th generation ipad will look like the mini but some what thinner narrower and shorter than a regular ipad so not as small. apple is working on another generation of the ipad mini. it could be two new products. >> we could have just wasted our money at christmastime. >> sales were down from what was expected. >> yeah, the holiday shopping season a disappoin
>> the fiscal cliff puts it in jeopardy. many are afraid to invest in their business and hire new workers. make plans. >> no longer vetting a deal is done by new year's eve f. one comes by early january definitely a possibility. the economic impact should be minim minimal. if one comes later than that the damage to the economy is already done and you will see more talk of recession and analysts started cutting the earnings growth in the fourth quarter. >> one thing they don't...
95
95
Dec 30, 2012
12/12
by
WJLA
tv
eye 95
favorite 0
quote 0
. >> in washington, there is still hope that a deal could be done to avoid the fiscal cliff. all eyes were on the senate today where negotiators were trading revenue figures to try to reach an agreement all sides can agree with. the baseline for the president and the bipartisan deal would have to extend unemployment benefits that would affect 2 million americans and it would have to increase taxes on the highest income earners. the negotiators will still have to work out where exactly the tax increases would hit and whether they would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue
. >> in washington, there is still hope that a deal could be done to avoid the fiscal cliff. all eyes were on the senate today where negotiators were trading revenue figures to try to reach an agreement all sides can agree with. the baseline for the president and the bipartisan deal would have to extend unemployment benefits that would affect 2 million americans and it would have to increase taxes on the highest income earners. the negotiators will still have to work out where exactly the...
56
56
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 56
favorite 0
quote 0
what speaker boehner has done is create a situation in which we are going to go over the fiscal cliff. but the people who want higher taxes, the democrats they will not be ready for it. it was john boehner that walked away the negotiations to try plan-b and then it was mr. boehner who failed to pass the plan. and then it was mr. boehner who said it was somebody else's problem. what he has done is a debacle for the republicans. the white house has been sitting back and letting it happen. you can call it deal and jam. >> i am optimistic that we can reach an greept that can pass both houses in time. senators reed and mcconnell are working on such an agreement as we speak. but, if an agreement is not reached in time, between reed and mcconnell, i will urge senator reed to bring to the floor a basic package for an up or down vote, one that protects the middle class from an income tax hike and extends the vital life line of unemployment insurance for two million americans looking for a job and lays the groundwork for more cooperation on deficit reduction and economic growth. guys, i can hea
what speaker boehner has done is create a situation in which we are going to go over the fiscal cliff. but the people who want higher taxes, the democrats they will not be ready for it. it was john boehner that walked away the negotiations to try plan-b and then it was mr. boehner who failed to pass the plan. and then it was mr. boehner who said it was somebody else's problem. what he has done is a debacle for the republicans. the white house has been sitting back and letting it happen. you can...
1,457
1.5K
Dec 25, 2012
12/12
by
CNNW
tv
eye 1,457
favorite 0
quote 1
and is the president going to get any work done? tell us a little bit about the fiscal cliff here. we know the senate is going to come back on thursday. do we expect the presidt to come back to washington and deal with trying to avoid these tax increases and the spending cuts? >> it really does sound like he'll be coming back, suzanne. it is not official. the white house hasn't put out a schedule update. it seems to be more a matter of when he is coming back rather than if. the senate will reconvene thursday. all eyes there as senate majority leader harry reid tries to cobble together something that can get some republican support. we'll be waiting to see exactly when president obama is coming back but we understand that the senate even though it reconvenes on thursday may not, senate democrats may not roll out a bill until closer to the new year. also get some republican support and put pressure on the house to take it up. >> we'll be following that very closely. have a wonderful christmas and of course we'll talk with you a little bit later. if there are any developments on the f
and is the president going to get any work done? tell us a little bit about the fiscal cliff here. we know the senate is going to come back on thursday. do we expect the presidt to come back to washington and deal with trying to avoid these tax increases and the spending cuts? >> it really does sound like he'll be coming back, suzanne. it is not official. the white house hasn't put out a schedule update. it seems to be more a matter of when he is coming back rather than if. the senate...
201
201
Dec 30, 2012
12/12
by
CNNW
tv
eye 201
favorite 0
quote 0
today's only job is to come up with a deal that ainvestigators going over the fiscal cliff and anything other than that is absolute irresponsibility you congressional malpractice. >> any deal? in other words, say some sort of temporary fix or have to be that long-term overhaul? >> i don't think -- at this point, beggers can't be choosers. i don't think we are going to get a grand bargain. i don't think we are going to get a big deal with long-term stuff a lot of people object to that, they will call that kicking the can down the road, you know what martin, they are absolutely right. once again, we will kick the can down the road, but that's what happens, when you back yourself into a corner, we did this with the debt ceiling, we did this with the government shutdown, the way we do business now, we should get used to it, that's how things are done t is the 11th hour we need an 11th hour deal. 11th hour deals are never particularly good. everybody is going to give something up. i just hope they all prepare to give something up and get a deal. it is not going to be pretty. i will be here t
today's only job is to come up with a deal that ainvestigators going over the fiscal cliff and anything other than that is absolute irresponsibility you congressional malpractice. >> any deal? in other words, say some sort of temporary fix or have to be that long-term overhaul? >> i don't think -- at this point, beggers can't be choosers. i don't think we are going to get a grand bargain. i don't think we are going to get a big deal with long-term stuff a lot of people object to...
198
198
Dec 25, 2012
12/12
by
KPIX
tv
eye 198
favorite 0
quote 0
we know there's that fiscal cliff hovering over us and we're about to go over the edge but right now no one in washington is really doing anything about it. >> no, on the christmas break. edward lawrence is in washington, d.c. this morning with more on what lies ahead in the days to come. so edward i guess we won't really see any action until at least thursday? is that right? >> reporter: yeah we won't see action until thursday because the senate doesn't get back into session until thursday at the moment the capitol is deserved. so is the white house, as you know president obama is in hawaii on his annual vacation. that he has every year here. now he spent christmas eve playing golf and working out at a local marine base out there. he also has another golf round planned again for today. the talks between the president and the house have broken down on this fiscal cliff there are to try and avoid the deadline that's coming up. on thursday when the senate comes back into session most of the house of representatives will also be back and the president is going to work if hawaii to try a
we know there's that fiscal cliff hovering over us and we're about to go over the edge but right now no one in washington is really doing anything about it. >> no, on the christmas break. edward lawrence is in washington, d.c. this morning with more on what lies ahead in the days to come. so edward i guess we won't really see any action until at least thursday? is that right? >> reporter: yeah we won't see action until thursday because the senate doesn't get back into session until...
151
151
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 151
favorite 0
quote 0
tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our blog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitch mcconnell is a veteran negotiator, and i think there's a far better prospect of something being worked out in the senate than there was dealing with speaker boehner and his completely dysfunctional house republican party. >> sure. well, abiding by convention and of course protocol, the senate won't return until sunday. will there be enough time for the senate leaders to really craft a deal that is substantiative and makes a difference,
tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our blog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that...
193
193
Dec 26, 2012
12/12
by
KPIX
tv
eye 193
favorite 0
quote 0
. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and return to washington later today to take part in "fiscal cliff" negotiations. christmas day the president and first lady met with servicemembers and their families. the president told the marines he was grateful for their service and posed pour pictures. >>> recent college graduates are having a tough time getting jobs in their desired lines of work. according to the latest u.s. census figures about 2 60,000 young adults with college degrees in california are working in food service and retail. >> couldn't get a job in the field that i wanted to so i figured i have to start at the bottom. >> without higher paying jobs, it's
. >>> there's more urgency in washington to get a deal done before the so-called "fiscal cliff" deadline less than a week from now. senate majority leader harry reid was reportedly at the capital on christmas working on a scaled-down plan to avoid tax hikes for all about the wealthiest americans. his plan would include short term spending cuts instead of long-term deals that had been sought. >>> from hawaii. comes word that president obama will cut short vacation and...
274
274
Dec 24, 2012
12/12
by
CNBC
tv
eye 274
favorite 0
quote 0
everyone assumes the fiscal cliff negotiations are done for the moment. suppose the newfound bears conventional wisdom is wrong. suppose if we don't go over the fiscal cliff or at the very least we get resolved with minimum destruction as i talked about at the top of the show. my super bowl see you in new orleans solution. i'm not saying this will happen. i'm saying this positive scenario is very much on the table. it has to be considered. and in that rosy okay things are all right scenario, good things could happen to our stock market in 2013. let's say you're an optimist that believes the fiscal cliff will be resolved and they rise above. what's the best way to play a fabulous bull market that some think could be unleashed? simple. assuming that everything goes right, the best proxy for the market in 2013 is the blackstone group. the big publicly traded asset firm. why blackstone? a company that i wasn't keen on. the company earns money investing other people's money. private equity funds. at the moment the company has $205 billion in assets under manag
everyone assumes the fiscal cliff negotiations are done for the moment. suppose the newfound bears conventional wisdom is wrong. suppose if we don't go over the fiscal cliff or at the very least we get resolved with minimum destruction as i talked about at the top of the show. my super bowl see you in new orleans solution. i'm not saying this will happen. i'm saying this positive scenario is very much on the table. it has to be considered. and in that rosy okay things are all right scenario,...
118
118
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 118
favorite 0
quote 0
and with the white house and congress focused exclusively on the fiscal cliff, what does it all mean for president obama's second term agenda? the president laid out some of his goals on sunday on "meet the press." >> there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. the second thing that we've got to do is to stabilize the economy and make sure it's growing. number three, you know, we've get a huge opportunity around energy. we are producing more energy and america can become an energy exporter. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year, is make sure that taxes are not going up on middle class families. >> joining me now, former spokesman for the democratic congressional campaign committee, doug thornel, republican media consultant kim, and my colleague at "the washington post" and white house reporter david knanakamura. doug, i want to start with you. the president's first-term agenda really was health care, and then he had to de
and with the white house and congress focused exclusively on the fiscal cliff, what does it all mean for president obama's second term agenda? the president laid out some of his goals on sunday on "meet the press." >> there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. the second thing that we've got to do is to stabilize the economy and make sure it's growing. number three, you know, we've get a huge...
247
247
Dec 24, 2012
12/12
by
WUSA
tv
eye 247
favorite 0
quote 0
i think this is divine intervention because we didn't deal with the fiscal cliff. >> michael crapo was busted. >>> "newsweek" will continue its digital format. >> if you haven't finished up your holiday shopping, don't worry. millions of americans are hitting the stores today. >> i have nothing done. i just started. >> all that -- >> i looked at the recent footage and your face and you don't look a day older than 32 years ago. >> wide open and an attack. that's three events. >> seahawks win it. seattle is in with the playoffs. >> and all that matters. >> norad will be tracking santa class as he makes his way around the worlding. >> on centimet"cbs this "cbs t >>> welcome to "cbs this morning." i'm jeff floor. there is travel trouble across the nation and on the ground in the air on this busy day before christmas. >> and the problem is a storm system that hit the west coast over the weekend. now it's moving east, threatening to cause problems all week long and anna werner is at dallas-ft. worth international parent. good morning. >> reporter: good morning, rebecca and jeff. we receive a
i think this is divine intervention because we didn't deal with the fiscal cliff. >> michael crapo was busted. >>> "newsweek" will continue its digital format. >> if you haven't finished up your holiday shopping, don't worry. millions of americans are hitting the stores today. >> i have nothing done. i just started. >> all that -- >> i looked at the recent footage and your face and you don't look a day older than 32 years ago. >> wide open...
130
130
Dec 30, 2012
12/12
by
FBC
tv
eye 130
favorite 0
quote 0
even if there's a big headline in the washington post, it's fiscal cliff resolved and nothing got done, people would feel better about thin. >> toby, speak to that point. youon'think so, huh? >> was that the pablem strategy, gary? >> that's what we're going to get anyway. >> six months ago we passed on the horrible sequestration things so congress can have time and solve this, where did it get us? nowhere. and there's a reason people don't trust this congress, they haven't earned one eye o iota. >> and got their vacations. let's talk the economy. the economy is right on that precipice. if we were to just take a shot into, you know, the back side here, you know, our consumer confidence has been dropping week by week and we'll get right back into slow growth and tn we'll freak o and do something more stupid. you were smirking, jonas. >> to get to your original question of the stock market, i think if they did nothing, but kick t can an entire year with all of these things and pushed the whole thing the next holiday season and holiday sales like this year, i think the market would go up,
even if there's a big headline in the washington post, it's fiscal cliff resolved and nothing got done, people would feel better about thin. >> toby, speak to that point. youon'think so, huh? >> was that the pablem strategy, gary? >> that's what we're going to get anyway. >> six months ago we passed on the horrible sequestration things so congress can have time and solve this, where did it get us? nowhere. and there's a reason people don't trust this congress, they...
115
115
Dec 27, 2012
12/12
by
WMAR
tv
eye 115
favorite 0
quote 0
cliff cliff thing done. no word yet on when people get extra lattes, where they can write get your lazy ass off vacation. >> willis likes that a lot more. >> i womdzer if there's enough room. >> if you're looking for love, you better have a good credit score. take a look at this. ♪ >> okay, yeah. we're not going to say we're going after those guys, but it's the credit score guys. "the new york times" is reporting that credit scores is huge and that could be at the top of the list. they interviewed people across the u.s., and a newspaper discovered a low credit score is a deal breaker in search of love. so if you don't have your act together, take care of that and maybe you'll find love. >> can you imagine, hi, how are you? what is your credit score? >> 420. no, mine is a lot higher. >> we want to show you this next footage. anyone who has ever had their parking lot stolen is going to love this. this is in russia. we don't know why this is being towed. i've got to get me one of these, because i would just l
cliff cliff thing done. no word yet on when people get extra lattes, where they can write get your lazy ass off vacation. >> willis likes that a lot more. >> i womdzer if there's enough room. >> if you're looking for love, you better have a good credit score. take a look at this. ♪ >> okay, yeah. we're not going to say we're going after those guys, but it's the credit score guys. "the new york times" is reporting that credit scores is huge and that could be...
123
123
Dec 30, 2012
12/12
by
CSPAN2
tv
eye 123
favorite 0
quote 0
beyond that, there's much work that needs to be done beyond the fiscal cliff. this negotiation does not really go deeply into deficit reduction, and i think we need to. i was a member of the simpson-bowles commission. i salute my colleague, kent conrad of north dakota who is retiring in a few days for his amazing leadership in bringing us to this moment in this national debate. pwe we still have much work to do and i'm sorry kent won't be here to be personally part of it. i viewed him as an almost irreplaceable resource in this debate. he knows more about our federal budget and the deficit challenge we face than any member of congress. period. all the rest of us have learned so much from him, and we're certainly going to miss him. but we need to continue this effort that he started to reduce the deficit. we need to look seriously at our entitlement programs so that at the end of the day we meet our obligation to future generations. social security is solvent for 20 years. we should make it solvent for 75. and we can do it. if we face it today, we can do it. i t
beyond that, there's much work that needs to be done beyond the fiscal cliff. this negotiation does not really go deeply into deficit reduction, and i think we need to. i was a member of the simpson-bowles commission. i salute my colleague, kent conrad of north dakota who is retiring in a few days for his amazing leadership in bringing us to this moment in this national debate. pwe we still have much work to do and i'm sorry kent won't be here to be personally part of it. i viewed him as an...
184
184
Dec 29, 2012
12/12
by
MSNBCW
tv
eye 184
favorite 0
quote 0
will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved weekend off. i'm t.j. holmes, good to be with you. new this morning, president obama outlining his course of action if we all go off the cliff. >> if an agreement isn't reached on time, then i'll urge the senate to hold an up-or-down vote on a basic package that protects the middle class from an income tax hike, extends vital unemployment insurance for americans looking for a job and lays the ground work for more economic growth and deficit reduction. >> the president is optimistic that a deal can be reached midnight on new year's eve. listen to senate m
will a last-minute fiscal cliff deal get done? and if it does what will it look like. >>> we have a deal. we may still get hit with an automatic tax hike. how much will that cost you? in time for the new year, a new snowstorm headed to the northeast. we'll let you know how bad this will get. and the yore in review, up with of the most unique and appalling takes on the year in review. good morning to you all. welcome to weekends with alex witt. no alex today. taking a much deserved...
228
228
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 228
favorite 0
quote 0
we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in sight just more of the same way blame game . e week before the taxes are going to sky rocket. steve is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,
we'll talk about what is coming up on the fiscal cliff. have you got your holiday shopping done yet? are you done? >> gretchen: i am waiting for three things to come in the mail that they might not arrive. >> i an alert said winter weather causing shipping delays. >> if you are worried about your packages in christmas eve, you delayed yourself. >> gretchen: blame the weather guy. l>> i ordered it on friday. >> gretchen: merry christmas . still no deal in...
172
172
Dec 30, 2012
12/12
by
CNNW
tv
eye 172
favorite 0
quote 0
. >> because the fiscal cliff. i'm done with that until we get some news. >> i think that's a lot of name recognition, don't you? people also, rand paul, for example, very dynamic on television. people recognize him and his energy and his different ideas, so he stands out. but it also is a reflection of the fact that the republican party doesn't -- has an identity crisis. these are people who are moderates and iconic class and very far out on the edges. that doesn't speak to a party that really has a clear leader or a central ideology to speak to. >> and won't until it gets a nominee. the next time we'll know what the republican party is about, maybe, when they get a nominee, right? >> well, you can get the contours of a debate if people really don't have one. remember bill clinton campaigning in the late '80s and early 1990s building a consistent case for the democratic party that was in some ways in worst shape than republicans are now. >> that took two gigantic strokes of luck. one was that mario cuomo did not r
. >> because the fiscal cliff. i'm done with that until we get some news. >> i think that's a lot of name recognition, don't you? people also, rand paul, for example, very dynamic on television. people recognize him and his energy and his different ideas, so he stands out. but it also is a reflection of the fact that the republican party doesn't -- has an identity crisis. these are people who are moderates and iconic class and very far out on the edges. that doesn't speak to a party...
146
146
Dec 30, 2012
12/12
by
CNNW
tv
eye 146
favorite 0
quote 0
cliff stuff done. speaker boehner took issue, won't surprise you either, with the president's appearance, in particular the president saying wait i have offered $1 trillion worth of cuts, i offered two to one spending cuts and here's what boehner had to say -- the president's comments are ironic as a recurring theme of our negotiations was his unwillingness to agree to anything that would require him to stand up to his own party. needed cuts and reforms that the president agreed to last year were no longer on the table as he cited an inability it to sell them to democrats. somebody is inflexible here. >> he accuses the president of the failure of leadership and in these days when somebody in washington uses the word leadership what they are meaning is caving in and bringing you own party along. i think the president was very clear in this interview that his strategy all along he is not going to be drawn into these negotiations because the white house thinks that one of the biggest mistakes of his presi
cliff stuff done. speaker boehner took issue, won't surprise you either, with the president's appearance, in particular the president saying wait i have offered $1 trillion worth of cuts, i offered two to one spending cuts and here's what boehner had to say -- the president's comments are ironic as a recurring theme of our negotiations was his unwillingness to agree to anything that would require him to stand up to his own party. needed cuts and reforms that the president agreed to last year...
225
225
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 225
favorite 0
quote 0
numbers one and two this year are fiscal cliff and kick the can down the road. now, regardless of today's outcome is the damage already done for congress? whether they come up with a small deal or not here when it comes to the american people, they've already decided congress is useless. >> well, i think those of us who tried to function over the last couple years in congress have been saying that. we can't figure out who even the 10%, who support congress, are. we are totally dysfunctional right now and this is just probably the worst example of it. you know, i heard speaker boehner say a number of times that he doesn't believe in compromise and a lot of republicans say the same thing. they say let's find common ground and act on that. well, there just isn't much common ground. if, in fact, the numbers we're hearing about the senate deal, whether $450,000 threshold or $550,000, that is not a matter of principle. that's just a matter of policy and splitting hairs and differences of dollars. so i think unfortunately we've got a lot of people on the other side of
numbers one and two this year are fiscal cliff and kick the can down the road. now, regardless of today's outcome is the damage already done for congress? whether they come up with a small deal or not here when it comes to the american people, they've already decided congress is useless. >> well, i think those of us who tried to function over the last couple years in congress have been saying that. we can't figure out who even the 10%, who support congress, are. we are totally...
178
178
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 178
favorite 0
quote 0
i do begrudge what he's done in this fiscal cliff talks. it's been very clear from the beginning that he had no intention to solve the fiscal issues. he's been using this, and i must say with great skill and ruthless skill and success, to fracture and basically shatter the republican opposition. the only, you know, redoubt of the opposition is the house. and his objective from the very beginning was to break the will of the republicans in the house and to create an internal civil war and he's done that. how did he do it? from also insisting from day one after the election that the republicans had to raise rates. there's no reason at all to get the revenue that he needed and that the speaker was offering him that you had to raise rates. obama himself, as you know, said last july, july, 2011, you can get $1.2 trillion by eliminating loopholes, which is exactly what republicans offered him. so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a cris
i do begrudge what he's done in this fiscal cliff talks. it's been very clear from the beginning that he had no intention to solve the fiscal issues. he's been using this, and i must say with great skill and ruthless skill and success, to fracture and basically shatter the republican opposition. the only, you know, redoubt of the opposition is the house. and his objective from the very beginning was to break the will of the republicans in the house and to create an internal civil war and he's...
155
155
Dec 28, 2012
12/12
by
KPIX
tv
eye 155
favorite 0
quote 0
cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all retirees? >> all retirees. and they all get paid the same. >> reporter: nothing. >> nothing. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, everyone.
cliff deal can get done. the senate majority leader compares the house speaker to a dictator as the house says it will reconvene sunday. will they get back to talks? reports from nancy cordes and major garrett. we're also facing a dairy cliff. john blackstone on why milk may soon double in price. the drilling boom in colorado it's leaving towns flush with cash but what is it leaving behind? ben tracy is there. and dean reynolds on the men who create some of the most precious gifts. all...
188
188
Jan 1, 2013
01/13
by
CSPAN
tv
eye 188
favorite 0
quote 0
caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that i
caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the...
173
173
Dec 29, 2012
12/12
by
KRCB
tv
eye 173
favorite 0
quote 0
gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he
gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan...
242
242
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 242
favorite 0
quote 0
to avert this so-called fiscal cliff. ed, good to see you. merry christmas to you. >> reporter: merry christmas, kelly. economists have warned that this could lead to another recession if in fact these massive spending cuts and tax hikes kick in at the same time right at the beginning of the new year. what they're trying to do to avert that is scaled back plan that the president suggested late last week that would basically deal with some of the emergency pests of this. extended unemployment benefits for two million people about to be kicked off their benefits a week after christmas the president also wants to extend tax cuts for the middle class. you heard house speaker john boehner say the problem there that will raise tax rates for some. he thinks that will hurt the economy, although over the weekend in sort of a holiday message the speaker suggested maybe they can come together after the holiday. >> of course hope springs eternal and i know we have it in us to come together and do the right thing. we'll continue to wo
to avert this so-called fiscal cliff. ed, good to see you. merry christmas to you. >> reporter: merry christmas, kelly. economists have warned that this could lead to another recession if in fact these massive spending cuts and tax hikes kick in at the same time right at the beginning of the new year. what they're trying to do to avert that is scaled back plan that the president suggested late last week that would basically deal with some of the emergency pests of this. extended...
173
173
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 173
favorite 0
quote 0
there was a lot of hope that some of these things would get done if fiscal cliff could be put off the table. it's not going to happen. >> when you talk about not enough goodwill, that's true when the cameras are on. when the cameras are off a lot of these people like each other, they're collegial, they're very much a family, at least in the senate, probably in the house, too. there's three people who are leaving so today being the final day, there are going to be a lot of people saying good-bye to dick lugar, kent conrad, and herb kohl. >> there is a little bit of that going on. it's funny because there were good-bye speeches given before christmas but a lot of those senators are speaking again and so they're certainly milking this for all it's worth because they're here until thursday morning when the new congress begins in the afternoon. >> all right. ed, thanks so much for joining us. still to come, toure's thoughts on this cliff-mas eve. ♪ [ male announcer ] why do more emergency workers everywhere trust duracell...?? duralock power preserve. locks in power for up to 10 years in
there was a lot of hope that some of these things would get done if fiscal cliff could be put off the table. it's not going to happen. >> when you talk about not enough goodwill, that's true when the cameras are on. when the cameras are off a lot of these people like each other, they're collegial, they're very much a family, at least in the senate, probably in the house, too. there's three people who are leaving so today being the final day, there are going to be a lot of people saying...
470
470
Dec 26, 2012
12/12
by
CNNW
tv
eye 470
favorite 0
quote 0
cliff. 48% of those polled say a deal is not likely. that optimism is waning, though when the poll was done earlier this month, 59% said a deal was likely. >>> former braves great andruw jones is free on a $2,500 bond this morning after being arrested outside of atlanta. he was arrested on a battery charge. the gwinnett county detention center said there was a domestic dispute between he and his life. >>> the number of extremely obese preschoolers has dropped slightly over the last decade, according to the centerses for disease control and prevention. researchers called the decline modest but say it's encouraging. the cdc adds that part of the decrease could be attributed to awareness campaigns that encourage physical activity and healthy eating. >>> before heading back to d.c. to try to avoid heading off the fiscal cliff, president obama and the first lady kept up a christmas tradition. they visited marines at a base in hawaii thanking them for their service. mrs. obama and their daughters, by the way, won't cut short their vacation. t
cliff. 48% of those polled say a deal is not likely. that optimism is waning, though when the poll was done earlier this month, 59% said a deal was likely. >>> former braves great andruw jones is free on a $2,500 bond this morning after being arrested outside of atlanta. he was arrested on a battery charge. the gwinnett county detention center said there was a domestic dispute between he and his life. >>> the number of extremely obese preschoolers has dropped slightly over the...
165
165
Dec 31, 2012
12/12
by
KPIX
tv
eye 165
favorite 0
quote 0
good night ,, ,,,,,,,,,,,,,, >> jeff: tonight partisan wrangling over the fiscal cliff. >> i'm willing to get this done but i need a dance partner. >> i want to be clear that there is still serious differences between the two sides. >> jeff: a divided congress reconvene for 11th hour negotiations. nancy cord cess on capitol hill. >> failure to act could force the economy back into recession. an uneasy wall street is much wag. >> another death today after the crash of a russian jetliner. barry peterson has the new video that captures the moment of impact. >> and icy rescue, carter evans shows us what happened when good samaritans in california headed for thin ice. >> give me the rope. >> now. captioning sponsored by cbs this is the "cbs evening
good night ,, ,,,,,,,,,,,,,, >> jeff: tonight partisan wrangling over the fiscal cliff. >> i'm willing to get this done but i need a dance partner. >> i want to be clear that there is still serious differences between the two sides. >> jeff: a divided congress reconvene for 11th hour negotiations. nancy cord cess on capitol hill. >> failure to act could force the economy back into recession. an uneasy wall street is much wag. >> another death today after the...
436
436
Dec 25, 2012
12/12
by
CNNW
tv
eye 436
favorite 0
quote 1
if -- it will go down to about $45,000 if the fiscal cliff goes off and nothing is done to adjust it. individuals now getting $45,000 back in '82 when first enarngted which is a lot different than $45,000 today. so if individuals earning $45,000 today might be impacted by additional taxes by this amt if something's not done. and, again, this is just a way to try to -- the problem with the amt is it wasn't adjusted for inflation so as time went on and prices have gone up and people have made more money and inflation has gone into place, things have not adjusted for the what the amt is now currently so this is going to be a big piece and those in the finance world are looking at making sure that this thing doesn't come into play. come 2014, people will have a big surprise if they file their taxes and this amt is not adjusted. >> ryan, look into the future which is ten days. do you think a deal will be done? >> what we're going to have, we're going to have a short-term deal. bottom line is if these spending cuts are way too extensive. the medicare cuts, way too extensive to put together
if -- it will go down to about $45,000 if the fiscal cliff goes off and nothing is done to adjust it. individuals now getting $45,000 back in '82 when first enarngted which is a lot different than $45,000 today. so if individuals earning $45,000 today might be impacted by additional taxes by this amt if something's not done. and, again, this is just a way to try to -- the problem with the amt is it wasn't adjusted for inflation so as time went on and prices have gone up and people have made...
87
87
Dec 29, 2012
12/12
by
WJZ
tv
eye 87
favorite 0
quote 0
gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first b
gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan...
61
61
Dec 28, 2012
12/12
by
CNBC
tv
eye 61
favorite 0
quote 0
are you customers going to stop eating at maria's if we go over the fiscal cliff? >> i don't know, brian. i've got my parachute packed. how about you? >> pasta parachute? that's terrible, sorry. >> full of lots of lasagna noodles, but i think now that the career politicians are done with protecting their jobs, hopefully they will think about the american jobs, and just collaborate so our customers aren't talking about it, but our fellow business owners are talking about it. one of our biggest concerns is, you know, and my cohort there will probably comply, but 75% of all small businesses are individual "s" corporations so they file taxes as an individual, so that increase is going to hurt the business -- the business expenses that we have, and then we can't put the money back into capital, so there's a lot of things. if our politicians would just get together and collaborate and kind of split the baby, if you would, you know, and think about strategic plans like we do as small businesses and not the short-term fixes. >> well said. >> capital gains is an issue and e
are you customers going to stop eating at maria's if we go over the fiscal cliff? >> i don't know, brian. i've got my parachute packed. how about you? >> pasta parachute? that's terrible, sorry. >> full of lots of lasagna noodles, but i think now that the career politicians are done with protecting their jobs, hopefully they will think about the american jobs, and just collaborate so our customers aren't talking about it, but our fellow business owners are talking about it....
418
418
Jan 1, 2013
01/13
by
CNNW
tv
eye 418
favorite 0
quote 0
cliff deal not done at all. stay with cnn all day for the developing news on the fiscal cliff, we have a big house vote perhaps as this bill gets to the floor. as we say good-bye to 2012 thank you to all the people behind the scenes who make "starting point" possible. happy new year, everyone. ♪ ♪ ♪ ♪ ♪ should all acquaintance be forgot
cliff deal not done at all. stay with cnn all day for the developing news on the fiscal cliff, we have a big house vote perhaps as this bill gets to the floor. as we say good-bye to 2012 thank you to all the people behind the scenes who make "starting point" possible. happy new year, everyone. ♪ ♪ ♪ ♪ ♪ should all acquaintance be forgot
203
203
Dec 31, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
lawmakers did get some work done over the weekend, despite failure to solve the fiscal cliff issue. senators approved antitrust attorneys william barrett to head the justice department ate antitrust division. also party leaders agreed on a farm bill extension that would head off a big jump in milk prices. lawmakers still need to vote on that agreement but at this point, at least there is something that they can take a look at. in the meantime, auto industry sales are headed for their best year since 2007. forecasters now say the total sales for 2012 should top 14.5 million cars and trucks. analysts say even more encouraging is the fact that sales increased steadily throughout the year, so that means we're ending things on a good note. also, finishing up a good year the movie industry. hollywood.com estimates 2012 ticket sales came in at a record 10.8 billion dollars. that's 6% higher than last year. and it beats the former record of $10.6 billion set back in 2009. joe? >> okay, beck, thanks. let's get to our next guest. among those working on a deal to avoid the fiscal cliff, joinin
lawmakers did get some work done over the weekend, despite failure to solve the fiscal cliff issue. senators approved antitrust attorneys william barrett to head the justice department ate antitrust division. also party leaders agreed on a farm bill extension that would head off a big jump in milk prices. lawmakers still need to vote on that agreement but at this point, at least there is something that they can take a look at. in the meantime, auto industry sales are headed for their best year...
64
64
Dec 31, 2012
12/12
by
CNBC
tv
eye 64
favorite 0
quote 0
remember this, if you haven't been following the fiscal cliff, take note. even if a deal gets done, taxes go up for many high income and likely big spending families. there is an economic impact either way. it is just perhaps the veseveri under question. >> when we talk about is the marginal propensity to consume. what does that mean? for every dollar that you either have or don't have, how much of that will you spend or not spend? the thinking is as we raise taxes on wealthier people, that margin propensity goes down. in other words, they don't spend every dollar they have, they save a bit of it, because they have more of it. the economic point of view is to get rid the tax hikes on middle class. it goes down the the higher up you go it goes down further. you are right to say that in general, economists in 2013, brian, are looking for fiscal contraction. the federal government will be a drag on growth. no matter what happens, taxes go up on some folks then spending cuts in the budget control act and so far as you notice, brian, they haven't said anything a
remember this, if you haven't been following the fiscal cliff, take note. even if a deal gets done, taxes go up for many high income and likely big spending families. there is an economic impact either way. it is just perhaps the veseveri under question. >> when we talk about is the marginal propensity to consume. what does that mean? for every dollar that you either have or don't have, how much of that will you spend or not spend? the thinking is as we raise taxes on wealthier people,...
345
345
Dec 31, 2012
12/12
by
WETA
tv
eye 345
favorite 0
quote 0
washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major averagesr closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books on 2012, washington still has a few hours to go before its new year's day fiscal cliff deadline. darren gersh has the latest. >> reporter: after a weekend of late-night negotiations with the vice presidt, senate republican leader mitch mcconnell said an agreement on the fiscal cliff was very, very close. >> we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans fro
washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal, after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how e major...
67
67
Dec 28, 2012
12/12
by
WBAL
tv
eye 67
favorite 0
quote 0
going over the fiscal cliff, but that deal will only be a temporary fix. all the major players are expected at the white house. senate leaders harry reid and its mcconnell, house leaders john boehner and nancy pelosi. it was a done with vice- president joe biden and president obama to work on a short time fixed for the crisis. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could be that people think. >> the agreement would include not only an extension of middle- class tax cuts but would also extend unemployment benefits for millions. >> tax increases need to be avoided, they can be. in the end, we will get a deal. the question is the timing. it is encouraging that both sides continue to sit down and have lines of communication open. >> but a smaller deal will only leave a problem for the incoming congress in january. that is discouraging to america's ceo's. >> we still have the big problem of how we are going to fix our deficit and debt in the c
going over the fiscal cliff, but that deal will only be a temporary fix. all the major players are expected at the white house. senate leaders harry reid and its mcconnell, house leaders john boehner and nancy pelosi. it was a done with vice- president joe biden and president obama to work on a short time fixed for the crisis. >> i hope there is a deal that avoid the worst parts of the fiscal cliff, mainly taxes going up and middle-class people. i think the odds are better than they could...